10 Dorrance St Providence, RI 02903
- Showrooms
- 213,668 SF
- 0.64 lot acres
Current Use by Public Records
- Mister Sparky / Electrician
- PCA / Packaging Company
- Lozen Associates / Consultant
- Rui P. Alves / Attorney / Criminal Justice Attorney
- Law Office of Michael James Kelley / Attorney / Social Security Attorney
Property Details for 10 Dorrance St
- Year built
- 1957
- Construction
- STEEL FRAME
- Lot size
- 0.64 lot acres
- Property size
- 213,668 SF
- Zone code
- D-1-30
- Property type
- Showrooms
- APN
- PROV M:20 L:18
- APU
- PROVM20L18
Description
This Class A office building, located at 10 Dorrance St Suite 700, Providence, RI 02903, offers 12,878 square feet of premium office space in Providence's financial district, directly across from City Hall. The building features 350 suites, with 5,970 square feet currently vacant, divisible down to a minimum of 10 square feet and offering contiguous space up to 1,300 square feet. The property, renovated in 2019, provides a range of office solutions, including private, fully furnished executive suites, coworking spaces, and creative office layouts to accommodate businesses of all sizes. Amenities include elevators, an on-site sandwich and coffee bar, and proximity to Providence Place Mall. The building offers various tenancy options, from serviced offices to custom spaces, disaster recovery solutions, and day offices, catering to diverse business needs. Additional benefits include a program offering exclusive discounts and procurement support. This exceptional location in the heart of Providence's business district ensures high visibility and easy access to major corporations and city services.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,645,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,780,000
- 6.5%
- $6,205,000
- 7%
- $6,050,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,800,000
- Geo Method
- $7,420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,395,000
- Retail
- $6,390,000
- Mixed-Use
- $5,940,000
- Hospitality
- $6,125,000
- Educational
- $5,820,000
- Residential Income
- $6,865,000
- Energy
- $6,850,000
- Income-Based Land
- $7,050,000
- Food Service
- $6,035,000
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4117
- Latitude
- 41.8241
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
